French grain cooperative Axereal acquires Cargill’s global malt business

FRANCE – Boortmalt, a subsidiary of France’s largest grain cooperative, Axereal, has closed the acquisition of the malt business of global agribusiness company, Cargill. The transaction, whose financial terms were not disclosed, involves acquisition of […]

France’s Malteries Soufflet Group to invest US$50m in a new malting factory in Ethiopia

ETHIOPIA – Malteries Soufflet, the malting division of the French family-owned business Soufflet Group plans to build US$50 million malt processing plant in Bole Lemi Industrial Park, Ethiopia. The plant, sitting on a 10,000sqm site […]